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Indian Contributions to Financial Regulation

This quiz is designed to test your knowledge of the significant contributions made by Indian scholars and institutions to the field of financial regulation.

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

Who is widely regarded as the father of Indian financial regulation?

  1. Dr. B.R. Ambedkar
  2. Dr. Manmohan Singh
  3. Dr. C.D. Deshmukh
  4. Dr. Raghuram Rajan
Question 2 Multiple Choice (Single Answer)

Which committee was responsible for recommending the establishment of the Securities and Exchange Board of India (SEBI)?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 3 Multiple Choice (Single Answer)

What is the primary objective of the Reserve Bank of India (RBI)?

  1. To regulate the banking sector
  2. To manage the country's foreign exchange reserves
  3. To promote economic growth
  4. To control inflation
Question 4 Multiple Choice (Single Answer)

Which Indian institution is responsible for regulating the insurance sector?

  1. Insurance Regulatory and Development Authority of India (IRDAI)
  2. Securities and Exchange Board of India (SEBI)
  3. Reserve Bank of India (RBI)
  4. Pension Fund Regulatory and Development Authority (PFRDA)
Question 5 Multiple Choice (Single Answer)

What is the name of the law that governs the functioning of SEBI?

  1. Securities and Exchange Board of India Act, 1992
  2. Companies Act, 2013
  3. Reserve Bank of India Act, 1934
  4. Insurance Regulatory and Development Authority Act, 1999
Question 6 Multiple Choice (Single Answer)

Which committee recommended the introduction of the concept of 'Universal Banking' in India?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 7 Multiple Choice (Single Answer)

What is the name of the committee that suggested reforms in the Indian banking sector in the wake of the 1991 economic crisis?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 8 Multiple Choice (Single Answer)

Which committee recommended the establishment of the National Housing Bank (NHB)?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 9 Multiple Choice (Single Answer)

What is the name of the committee that suggested reforms in the Indian financial sector in the wake of the 1997 Asian financial crisis?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 10 Multiple Choice (Single Answer)

Which committee recommended the introduction of risk-based supervision in Indian banks?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 11 Multiple Choice (Single Answer)

What is the name of the committee that suggested reforms in the Indian financial sector in the wake of the 2008 global financial crisis?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 12 Multiple Choice (Single Answer)

Which committee recommended the introduction of the concept of 'Financial Inclusion' in India?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 13 Multiple Choice (Single Answer)

What is the name of the committee that suggested reforms in the Indian financial sector in the wake of the 2013 Taper Tantrum?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 14 Multiple Choice (Single Answer)

Which committee recommended the introduction of the concept of 'Responsible Banking' in India?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
Question 15 Multiple Choice (Single Answer)

What is the name of the committee that suggested reforms in the Indian financial sector in the wake of the 2018 IL&FS crisis?

  1. Narasimham Committee
  2. Rangarajan Committee
  3. Chakravarty Committee
  4. Jalan Committee
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